Corporate Strategy and Financial Performance
Loan Loss Allowance (ALL)
ALL Trends
Excluding PPP loans,
which are guaranteed
ALL = 1.56%
Excluding PPP loans,
which are guaranteed
ALL = 1.39%
Excluding PPP loans,
which are guaranteed
ALL = 1.28%
(Net Charge-Offs)/Average Loans
3.50%
3.00%
2.50%
2.00%
1.19%
1.10%
1.41%
1.38%
1.28%
0.11%
0.13%
-0.02%
-0.02%
2018
2019
2020
2021
2Q22
2018
2019
2020
2021
2Q22
-0.07%
ALL % by Segment (excluding PPP loans)
3.1%
2.0%
.9%
1.5%
1.4%
1.6%
1.3%
.5%
1.5%
1.50%
1.3%
1.1%
1.1%
1.2% 1.1%
1.4%
.3%
0.9%
1.1%
0.9% 1.0%
1.00%
.9%
0.8%
10.9% 0.9% 0.9%
0.8% 0.8%
0.999%.9%
0.50%
CRE
A&D
Commercial and
industrial
Residential mortgage
2016 2017 2018 2019 2021 2022
1.1%
₤48%
1.29
1.1%
1.1%
Consumer
Total WO PPP
11
Credit booked to provision in 1Q22
due primarily to strong asset quality,
low delinquency, improving economic
conditions and successful
performance of modified loans;
provision expense booked in 2Q22
due to loan growth and conservative
increase in qualitative factors
All modified loans have returned to
principal and interest payments
CECL implementation on target for
January 2023
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